House Votes to Bar
U.S. Intervention
On IBM Pensions

By

Ellen E. Schultz Staff Reporter of THE WALL STREET JOURNAL

Updated Sept. 22, 2004 12:01 a.m. ET

In what could be a blow to International Business Machines Corp., the House of Representatives passed an amendment aimed at prohibiting the federal government from intervening on the computer giant's behalf in a massive pension lawsuit.

Rep. Bernie Sanders, a Vermont independent, authored the amendment, which would prevent the government from using any funds to assist in overturning a federal court's ruling last year that IBM...